Insider Selling: Walmart (NASDAQ:WMT) Director Sells 19,416 Shares of Stock

Key Points

• Walmart director C Douglas Mcmillon sold 19,416 shares on May 28 at an average price of $118.63, for proceeds of about $2.3 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
• After the transaction, Mcmillon still held 4,174,579 shares valued at roughly $495.2 million, and the sale represented only a 0.46% reduction in his ownership.
• Walmart recently reported Q1 earnings of $0.66 per share, meeting estimates, while revenue of $177.75 billion beat expectations. Analysts remain broadly positive, with a Moderate Buy consensus and an average price target of $138.85.

Walmart Inc. (NASDAQ:WMT - Get Free Report) Director C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.63, for a total value of $2,303,320.08. Following the completion of the transaction, the director owned 4,174,579 shares of the company's stock, valued at approximately $495,230,306.77. The trade was a 0.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

C Douglas Mcmillon also recently made the following trade(s):

• On Thursday, April 23rd, C Douglas Mcmillon sold 19,416 shares of Walmart stock. The shares were sold at an average price of $132.21, for a total value of $2,566,989.36.
• On Thursday, March 26th, C Douglas Mcmillon sold 19,416 shares of Walmart stock. The shares were sold at an average price of $123.16, for a total value of $2,391,274.56.

Walmart Stock Performance

WMT stock traded down $3.15 during trading on Friday, hitting $115.75. 42,088,078 shares of the company traded hands, compared to its average volume of 26,343,805. The stock's 50-day simple moving average is $126.24 and its 200 day simple moving average is $120.64. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. The company has a market cap of $922.64 billion, a PE ratio of 40.61, a P/E/G ratio of 4.42 and a beta of 0.65. Walmart Inc. has a 1 year low of $93.43 and a 1 year high of $135.15.

Walmart (NASDAQ:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting the consensus estimate of $0.66. The company had revenue of $177.75 billion during the quarter, compared to analysts' expectations of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.Walmart's quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the business earned $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, equities analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on WMT. Craig Hallum set a $150.00 price target on Walmart in a research report on Friday, March 6th. Erste Group Bank raised Walmart from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 2nd. BNP Paribas Exane dropped their price objective on Walmart from $147.00 to $146.00 and set an "outperform" rating on the stock in a report on Friday, May 22nd. Tigress Financial reissued a "buy" rating and issued a $155.00 price objective on shares of Walmart in a report on Friday. Finally, Wells Fargo & Company reissued an "overweight" rating and issued a $140.00 price objective (up from $130.00) on shares of Walmart in a report on Tuesday, February 10th. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, Walmart has an average rating of "Moderate Buy" and a consensus target price of $138.85.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Sam’s Club’s Member’s Mark community has grown to more than 150,000 participants, reinforcing customer engagement and supporting Walmart’s private-label strategy. Article Title
• Positive Sentiment: Jim Cramer said he would buy Walmart, adding to the bullish case that the recent weakness may be a buying opportunity. Article Title
• Positive Sentiment: One report argued the recent decline in Walmart shares could be the best buying opportunity of 2026, citing meaningful upside to the Street’s average target price. Article Title
• Neutral Sentiment: Analysts are comparing Walmart with Kroger on valuation, but the piece is mainly a relative-value discussion rather than a new company-specific catalyst. Article Title
• Neutral Sentiment: Coverage on platform economics and slower consumer spending highlights the environment Walmart is operating in, but it does not directly change the company’s fundamentals. Article Title
• Negative Sentiment: Reports of executive departures amid Walmart’s leadership transition could raise concerns about continuity at the top. Article Title
• Negative Sentiment: Articles suggesting Walmart may need to raise prices, along with broader inflation pressure on consumers, may worry investors about traffic and margin implications. Article Title

Institutional Trading of Walmart

A number of institutional investors have recently made changes to their positions in WMT. Brighton Jones LLC boosted its stake in shares of Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after acquiring an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after buying an additional 485 shares during the last quarter. Peterson Wealth Management boosted its stake in Walmart by 3.5% during the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer's stock worth $4,416,000 after buying an additional 1,715 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in Walmart by 0.9% during the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer's stock worth $1,272,000 after buying an additional 116 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its stake in Walmart by 1.2% during the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer's stock worth $8,931,000 after buying an additional 1,048 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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